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Microchip Technology Incorporated (MCHP) [hlAlert]

Rating:
Buy MCHP
up 32.33 %

Microchip Technology Incorporated (MCHP) rated Buy with price target $40 by AmTech Research

Posted on: Friday,  Jul 25, 2008  10:25 AM ET by AmTech Research

AmTech Research rated Buy Microchip Technology Incorporated (NASDAQ: MCHP) on 07/25/2008. Previously AmTech Research rated Buy Microchip Technology Incorporated (NASDAQ: MCHP) on
06/20/2008., when the stock price was $32.29. Since then, Microchip Technology Incorporated has gained 32.33% as of 01/15/2016's recent price of $42.73.
If you would have followed the previous AmTech Research's recommendation on MCHP, you would have gained 32.33% of your investment in 2765 days.

Microchip Technology, Inc. develops and manufactures specialized semiconductor products used by its customers for a wide variety of embedded control applications. Its product portfolio comprises microcontrollers; application-specific standard products; and related mixed-signal and memory products. The company markets its products to the consumer, automotive, office automation, communications andindustrial markets.

Our focus is to generate profitable ideas through pure fundamental research. Our performance will be measured on the success of our recommendations at making money and saving money for our clients. Our objective is to be helpful during the investment process.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/25/2008 10:25 AM Buy
None
30.77 40.00
as of 12/24/2008
1 Week down  -3.72 %
1 Month up  5.85 %
3 Months up  29.28 %
1 YTD up  13.92 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/20/2008 9:25 AM Buy
None
32.29 39.00
4/29/2008 10:25 AM Hold
None
36.47 35.00
3/4/2008 9:25 AM Hold
None
31.96 31.00
10/24/2007 9:25 AM Hold
None
30.93 30.00
10/9/2007 9:25 AM Hold
None
31.98 37.00

(*) Stock Price at the time of the recommendation.
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